Halifax Group Invests in Universal Air Conditioner

CoolSys Acquires Universal Refrigeration

June 18, 2024

HVAC & Mechanical

CoolSys, the market-leading provider of refrigeration, HVAC and energy solutions, has acquired Universal Refrigeration, Inc., an Auburn, Washington-based HVAC service provider. The acquisition expands CoolSys's service footprint and strengthens its market presence across Western Washington and the broader Pacific Northwest as part of its ongoing add-on strategy.

Air Pros USA Acquires Universal Air and Heat

November 7, 2022

HVAC & Mechanical

Air Pros USA acquired Universal Air and Heat, a South Florida HVAC services provider founded in 1997, integrating the company into its national HVAC platform to expand service coverage and leverage operational resources. The acquisition strengthens Air Pros USA’s presence across South Florida counties and supports expanded service areas and staffing capacity through the platform’s national footprint.

The Halifax Group Invests in PJ United (PJU Holdings, Inc.)

December 8, 2020

Restaurants & Hospitality

Private equity firm The Halifax Group completed an investment to recapitalize PJU Holdings, Inc. ("PJ United"), the largest Papa John’s franchisee. Halifax partnered with CEO Doug Stephens and PJ United's existing management team to support growth and operational expansion across the company's 194 stores.

American Airlines Makes Strategic Equity Investment in Universal Hydrogen

October 10, 2022

Renewable Energy

American Airlines announced a strategic equity investment in Universal Hydrogen, a Los Angeles–based company building a green hydrogen distribution and logistics network for aviation. The investment supports American's greenhouse gas reduction targets and backs Universal Hydrogen's modular hydrogen capsule logistics approach, which aims to begin deliveries for regional aircraft in 2025. American joins existing strategic investors including Airbus Ventures, GE Aviation and Toyota Ventures.

United Air Temp Acquires Albemarle Heating & Air

July 29, 2021

HVAC & Mechanical

United Air Temp (UAT), a portfolio company of Summit Park, has acquired Albemarle Heating & Air, a Charlottesville, Virginia-based provider of residential and commercial HVAC installation, repair and maintenance services. The acquisition is UAT's first add-on and expands its presence in Virginia, complementing UAT's existing operations in the Washington, D.C. metro and surrounding states.

Summit Park, Capitala and Pareto Recapitalize United Air Temp

January 26, 2021

HVAC & Mechanical

Summit Park led a majority recapitalization of United Air Temp (UAT) alongside Capitala Group, Pareto & Company, and UAT's management team. The transaction provides growth capital to expand UAT's geographic footprint, marketing capabilities and service offerings, and to pursue add-on acquisitions across the Southeast and Mid-Atlantic.